Flow to Undergo Testnet Network Upgrade on June 19th

Flow is preparing for a significant network upgrade. The process will begin with a simulation of a full migration, which will take place from June 12 to June 17. This period is the longest and is intended to finalize all adjustments and prepare for the network upgrade.

On June 19, the full network upgrade will be implemented on the Flow testnet. This will allow developers and teams to verify the upgrade’s effectiveness and stability.

Refer to the official tweet by FLOW:

FLOW Info‍

Flow is a fast, decentralized, and developer-friendly blockchain by Dapper Labs, designed as the foundation for a new generation of games, apps, and the digital assets that power them. It is based on a unique, multi-role architecture, and designed to scale without sharding, allowing for massive improvements in speed and throughput while preserving a developer-friendly, ACID-compliant environment.

In contradistinction to Ethereum, which uses a proof-of-work (PoW) model, Flow employs a novel multi-level consensus architecture that enables high throughput without compromising decentralization. This separation allows different nodes in the network to perform distinct functions, thereby improving efficiency.

Flow also provides low-cost interaction for developers and users, making it an ideal blockchain for social and entertainment applications.

Flow (FLOW) is the primary utility token of the Flow blockchain, which can be used for network governance, transaction fee payments within the Flow network, and staking.